Citing Pent Up Demand, Alamo Expects Pick Up in Ag Sales

During the Colliers International Securities 2020 Investor Conference last month, managers from the Alamo Group said they’re seeing the effect of several years of pent up demand and as result are anticipating improvement in ag equipment sales going forward.

In a note to investors following the event, Michael Shlisky, analyst with Colliers, said his takeaways were positive, especially in Ag. “Alamo agreed that the Ag business is seeing the effect of multiple years of pent…

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